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FCA publishes 2015/2016 business plan including key priorities

The UK Financial Conduct Authority issued its Business Plan for 2015/2016. FCA claimed its three operational objectives are to ensure an “appropriate degree of protection for consumers;” to maintain and enhance the safety of the UK financial system; and to encourage “effective competition” for consumers. FCA anticipates more “thematic supervision work,” which it claims will enable it potentially to identify issues that are common to more than one firm and more than one sector.

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